FIRST CITIZENS ASSET MANAGEMENT, INC

RIASEC RegisteredEst. 2014

Total AUM

$465M

Discretionary

$435M

94% of AUM

Avg account

$365K

Accounts

1,274

Employees

Advisory reps

Firm details

Headquarters: RALEIGH, North Carolina
CRD number: 140777
Registered since: June 19, 2014
Website: www.firstcitizens.com
Custodians: PERSHING LLC
Fee structure: Percentage of AUM
Client types: Individuals62.86%
HNWI19.52%
State / Municipal Government16.65%
Corporations / Businesses0.82%
Charitable Organizations0.12%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

First Citizens Asset Management, Inc. is a corporate registered investment adviser that operates as a capital allocator for individual, family and institutional clients. The firm charges fees as a percentage of assets under management and provides financial planning, portfolio management for individuals, small businesses and institutions, selection of other advisers, and educational seminars. It also maintains broker-dealer and insurance brokerage activities, and is affiliated with banking, insurance and brokerage channels. The adviser is not positioned as an active ESG investor, is not a multi-state adviser, and has been SEC-registered since 2014. Its client mix spans individual and family relationships alongside institutional mandates, and it offers both discretionary and non-discretionary portfolio management capacity.